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Morinaga Milk Industry Co's earnings per share without non-recurring items for the
three
months ended in Mar. 2026 was 円10.01.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 円80.64.
During the past 12 months, Morinaga Milk Industry Co's average earnings per share (NRI) Growth Rate was 63.90% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 17.60% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 4.80% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 8.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Morinaga Milk Industry Co's EPS without NRI or its related term are showing as below:
TSE:2264'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -24.9 Med: 7.3 Max: 47.5
Current: 17.6
During the past 13 years, Morinaga Milk Industry Co's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 47.50% per year. The lowest was -24.90% per year. And the median was 7.30% per year.
TSE:2264's 3-Year EPS without NRI Growth Rate is ranked better than 64.12% of 1530
companies
in the Consumer Packaged Goods industry
Industry Median: 7.45
vs TSE:2264: 17.60
Morinaga Milk Industry Co (TSE:2264) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Morinaga Milk Industry Co EPS without NRI Related Terms
Morinaga Milk Industry Co EPS without NRI Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaged Foods subindustry, Morinaga Milk Industry Co's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Morinaga Milk Industry Co PE Ratio without NRI vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga Milk Industry Co's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Morinaga Milk Industry Co's PE Ratio without NRI falls into.
Morinaga Milk Industry Co EPS without NRI Calculation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円80.64
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morinaga Milk Industry Co (TSE:2264) has a EPS without NRI of 円80.64 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Morinaga Milk Industry Co and its competitors. According to the industry distribution chart, Morinaga Milk Industry Co ranks #549 out of 1530 companies in the Consumer Packaged Goods industry, placing it in the top 35.9%.
Is Morinaga Milk Industry Co's EPS without NRI too high?
Morinaga Milk Industry Co's current EPS without NRI is 円80.64. Based on the distribution chart, Morinaga Milk Industry Co ranks #549 out of 1530 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Morinaga Milk Industry Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's EPS without NRI compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Morinaga Milk Industry Co ranks #549 out of 1530 companies for EPS without NRI. This puts Morinaga Milk Industry Co in the upper half of its industry. The industry median EPS without NRI is 7.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Consumer Packaged Goods company?
The median EPS without NRI among Consumer Packaged Goods companies is 7.45, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Morinaga Milk Industry Co and its competitors. For the Consumer Packaged Goods industry, the median EPS without NRI is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga Milk Industry Co's current EPS without NRI is 円80.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Overvalued. The stock's GF Value™ is 円887.15, compared to a current price of 円1,197.50 — trading 35% above its estimated fair value. The current EPS without NRI is 円80.64. Morinaga Milk Industry Co's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Morinaga Milk Industry Co (TSE:2264), the current EPS without NRI is 円80.64 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be overvalued.
The current stock price of 円1,197.50 is trading 35% above its estimated GF Value™ of 円887.15.
GuruFocus considers Morinaga Milk Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:2264:
EPS without NRI: 円80.64
GF Value™: 円887.15 vs. price of 円1,197.50 (35% above fair value)
No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
70GF Score
Get the complete analysis for TSE:2264
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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